IDA Approves Vecino Group Affordable Housing Incentives
St. Lawrence County Industrial Development AgencyPublic Authority · Canton, NY- Disclosed value
- $28 million project; $1,172,000 sales and use tax exemption; $197,250 mortgage recording tax exemption
- From minutes
- Approved
- Jun 11, 2026
- Term
- 33-year PILOT
The 30-second brief
The St. Lawrence County Industrial Development Agency approved a 33-year PILOT and tax exemptions for Vecino Group New York, LLC. The $28 million project will convert Congdon Hall in downtown Potsdam into affordable housing, with $1.172 million in sales-tax relief and $197,250 in mortgage-recording-tax relief.
Vecino Group New York LLC holds this contract with St. Lawrence County Industrial Development Agency. Its other public contracts on record include work for NY-State-Power Authority (NYPA) and Village of Potsdam.
Term as filed: 33-year PILOT.
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Contract details
- Amount
- $28 million project; $1,172,000 sales and use tax exemption; $197,250 mortgage recording tax exemption
- Document date
- June 11, 2026
- Term
- 33-year PILOT
- Source document
- St. Lawrence County Industrial Development Agency Minutes Meeting of June 11, 2026 (Minutes)
Vecino Group New York LLC's other public contracts
More St. Lawrence County Industrial Development Agency contracts
Questions about this contract
Who was awarded the government contract by St. Lawrence County Industrial Development Agency?
Vecino Group New York LLC was awarded this government contract by St. Lawrence County Industrial Development Agency, as recorded on June 11, 2026. The contract value is $28 million project; $1,172,000 sales and use tax exemption; $197,250 mortgage recording tax exemption.
How much is the Vecino Group New York LLC contract with St. Lawrence County Industrial Development Agency worth?
The Vecino Group New York LLC contract with St. Lawrence County Industrial Development Agency is valued at $28 million project; $1,172,000 sales and use tax exemption; $197,250 mortgage recording tax exemption.
What type of contract is this?
This is a government contract, documented as a minutes record.
Where was this contract approved?
This contract appears in St. Lawrence County Industrial Development Agency Minutes Meeting of June 11, 2026 (Minutes), dated June 11, 2026 from St. Lawrence County Industrial Development Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
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What other contracts does Vecino Group New York LLC hold?
Vecino Group New York LLC may hold additional government contracts. View their full contract history, the agencies they serve, and total tracked spend on their Civic IQ vendor profile.
What is St. Lawrence County Industrial Development Agency currently buying?
Explore St. Lawrence County Industrial Development Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.